When the United States enacted the Unlawful online casino gambling Enforcement Act of 2006 it changed the shape of the bingo online gambling industry. It made the act of processing the financial transactions illegal. It is not illegal for U.S. players to play at online casinos. What has happened since mid-October is that many online casinos have or are in the process of closing their U.S. players’ accounts. Many online casinos have departed from the American market, which accounted for half of the online casino industry’s revenues. It is mostly the big name listed free bingo online gaming entities that have departed.
U.S. players are still be accepted by many online casinos, in spite of the U.S. law. Players looking for a list of these casinos can look at the Casino Guide website. Players should notice that many of the online casinos accepting U.S. accounts are new. Others are established. Other casinos have restrictions by state. Players in the U.S. market should be careful. The regulations applying to financial institutions are not yet written. They are due within the next eight months. At that time they may find their accounts closed or they may find that there is no way to complete a financial transaction because all financial transactions involve a bank. One day the player may find that he can’t get his money. Either way, U.S. players looking for an online casino can still find establishments that will accept them. They should be aware that there is a risk involved. |